500 Global related stories
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Box buys VC-backed cloud storage provider StreemData storage firm Box has acquired Streem, the latter confirmed in an announcement on its site. No financial terms were disclosed. Headquartered in San Francisco, Streem is a provider of unlimited cloud storage solutions. Its backers include Y Combinator, Arbor Ventures, Ironfire Capital, 500 Startups, Start Fund and Socialatom Ventures. To read the post, visit here https://www.streem.com/
- Love With Food pulls in $1.4 mln
Love With Food has received $1.4 million in funding. The investors included Kapor Capital, 500 Startups, TEEC Angel Fund, Angel List Syndicate, Ironfire Capital and Scrum Ventures. Love With Food is a consumer food marketing data platform.
- Lucid Software fetches $5 mln Series A
Lucid Software has closed $5 million in Series A funding. The investors included Kickstart Seed Fund and Grayhawk Capital. Based in Salt Lake City, Lucid Software is a provider of cloud-based apps Lucidchart and Lucidpress.
Seed investing moves onlineAngelList is emerging as a go-to platform for early stage deal making. Better watch out. It could democratize investing.
- Ohio-based Sapling Fund launches $50 mln fund
The Sapling Fund, an early-stage venture fund in Columbus, Ohio, has launched a $50 million fund. Its focus is on firms that "leverage technology to create major disruptive improvements in multi-billion dollar verticals."
- OLSET bags $1.1 mln seed funds
OLSET said Friday that it has received $1.1 million in seed funding. The investors included Montage Ventures, Digital Garage and 500 Startups. Based in San Francisco, OLSET is a big data travel tech firm.
- Soldsie fetches $4 mln Series A
Soldsie, a San Francisco-based social selling service, said Thursday that it has secured $4 million in Series A funding. First Round Capital led the round with participation from SoftTechVC, Lerer Ventures, Correlation Ventures, Great Oaks Ventures, e.Ventures, 500 Startups and various angels.
- POSCO Venture Capital leads $3 mln Series A round in Shakr Media
POSCO Venture Capital has led a $3 million Series A funding round in online video company Shakr Media. POSCO also helped the company secure matching funds from the Korean government. A number of angel investors also joined the funding round.
peHUB First ReadThis morning read all about what's wrong with the gender and racial makeup of venture-backed companies, why it's a better time for PE firms to sell than buy and fundraising for first time fund managers falls to lowest level post financial crisis.
- Spark Capital leads Series A round for Storefront
Storefront said Monday that it has closed $7.3 million in Series A funding. Spark Capital led the round with participation from investors that included Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel and Vikram Pandit. In addition to the funding, Mo Koyfman has been added to Storefront's board. Storefront is an online marketplace that helps designers and artists find retail space to sell their products.